EVOLUTION OF ENVIRONMENTAL TAXES IN THE EUROPEAN UNION
EVOLUTION OF ENVIRONMENTAL TAXES IN THE EUROPEAN UNION
Author(s): Gabriela – Cornelia PiciuSubject(s): Business Economy / Management, Energy and Environmental Studies, International Law, Financial Markets, EU-Legislation
Published by: Editura Arhipelag XXI
Keywords: tax system; environmental; carbon dioxide emissions; energy market; implementation barriers;
Summary/Abstract: In the article, the current system of environmental taxes is presented, in order to highlight and analyse the advantages it offers: stable and sufficient resources, but also the major disadvantages: a complete lack of visibility and low links with European Union policies. Taxation is essential for national sovereignty, and the revenue generated by it allows governments to exist and function efficiently. In addition, tax legislation reflects the fundamental choices that EU countries make in important budgetary areas. This legislation influences consumption and private savings and establishes a financial framework for commercial activities and environmental issues. For this reason, the power to collect taxes and set tax rates lies with national governments.
Journal: Journal of Romanian Literary Studies
- Issue Year: 2020
- Issue No: 21
- Page Range: 1194-1201
- Page Count: 8
- Language: English